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Fold Holdings Tumbles 7% as Bitcoin Rewards Card Hits Snag – Crypto Investors Fume

Fold Holdings Tumbles 7% as Bitcoin Rewards Card Hits Snag – Crypto Investors Fume

Coindesk
Author:
Coindesk
Release Time:
2025-06-30 16:52:27
0

Fold Holdings Slumps 7% on Delay in Bitcoin Rewards Credit Card

Another day, another crypto promise stuck in bureaucratic purgatory.

Fold Holdings just got slapped with a 7% nosedive after announcing delays for its much-hyped Bitcoin-back rewards card. Because nothing says 'financial revolution' like waiting six extra months for your 1.5% cashback in Satoshis.

The fintech's flagship product was supposed to bridge TradFi and crypto—instead, it's proving why Wall Street still laughs at 'blockchain solutions.'

Meanwhile, Bitcoin maximalists are left swiping their old credit cards like peasants, muttering about 'adoption timelines' between sips of overpriced cold brew.

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